Topic
163 stories in this topic
JD.com is supporting the growth of British businesses in the Chinese market as it partnered with parcel delivery company Evri to combine their expertise and resources in e-commerce and logistics. The partnership will combine JD.com’s advanced e-commerce…
Chinese e-commerce firm JD.com beat Wall Street estimates for second-quarter revenue on Wednesday, as its focus on lower-priced products to attract customers amid an economic slowdown paid off. JD.com saw increased traffic on the back of purchases ahead of…
Gucci and JD.com are delighted to announce a digital partnership and the highly anticipated launch of the official Gucci digital flagship store on the e-commerce leader’s platform. This marks the first time the Italian luxury brand will bring its unique…
JD Logistics and French delivery service Geopost have formed a strategic partnership aimed at strengthening their capabilities by leveraging their warehousing network and delivery capabilities. The partnership is expected to enhance international express…
Alibaba Group on Wednesday said it is developing a ChatGPT-style tool that is currently in internal testing, joining a race by tech companies globally to show they are up to speed on generative artificial intelligence (AI) developments. The Chinese e-commerce…
China’s JD.com said on Tuesday it would cut the salaries of more than 2,000 senior managers by 10% to 20% next year to help pay for improved benefits for other staff amid the government’s “common prosperity” drive to reduce income inequality. Liu also plans…
JD.com, beat Wall Street estimates for quarterly revenue on Tuesday (Aug 23) as lockdowns in China to control the spread of the coronavirus boosted online shopping and the company’s “618” shopping event. US-listed shares of the Beijing-based company rose…
H&M has shut its flagship Shanghai store, its latest closure in China where consumer demand has slumped amid COVID-19 lockdowns and the fast-fashion retailer has borne the brunt of a backlash against companies that refuse to use Xinjiang cotton. Although it…
E-commerce group JD.com, beat estimates for quarterly revenue as more people shopped on its platform following COVID lockdowns in China, but its CEO was cautious on the outlook due to logistical disruptions and sluggish consumption. The resurgence of COVID-19…
China’s JD Logistics priced new shares issued on Friday (Mar 25) in a US$1.1 billion capital increase at a steep discount to their previous close, triggering a slump in its stock early in the Kong Kong trading session. According to a Hong Kong Stock Exchange…
Chinese e-commerce giant JD.com on Sunday said that its subsidiary JD Logistics has agreed to buy domestic courier Deppon Logistics. Under the deal, JD Logistics will acquire 99.99% equity stake in Deppon Holdco for a total consideration of about 9 billion…
Online luxury fashion platform Cettire said it has penned a new deal to enter mainland China through a partnership with e-commerce giant JD.com, sending its shares up by more than 21 percent. Mainland China is expected to be the world’s largest market for…
For entrepreneurs, there are many exciting moments in the journey to celebrate: first product, first sale to a happy customer (who isn’t a family member), first marketing campaign. But entrepreneurship is a daily effort—to build a brand, to expand the…
Japanese retail giant, Muji, has forayed into the fresh food industry with the launch of a food complex in collaboration with JD’s Seven Fresh in Shanghai. Operated by both companies, the complex is located inside Ruihongtiandi shopping mall and spans 400sqm,…
JD has introduced its first overseas E-space store through JD.ID – its e-commerce joint venture in Indonesia. Dudded JD.ID Electronic Store, the E-space store features an omnichannel model which offers technology and home appliance products from a list of…
JD.com launched the “JD MALL” brand, the upgraded version of its E-Space omnichannel retail experience store on September 14, via an online press conference. The new shopping destination will first debut in Xi’an, China, on September 30. With an area of…
